222 BELMONT AVENUE, Pembroke
Excellent investment opportunity with this well maintained, fully brick purpose-built 6-plex in the desirable east end of Pembroke. This solid asset features a desirable unit mix of two 1-bedroom units on the main level and four spacious 2-bedroom units across the second and third floors, appealing to a wide range of tenants. All units offer bright, functional layouts and have been updated with modernized bathrooms, helping to attract and retain quality occupants. Each unit is separately metered for hydro, minimizing operating expenses and simplifying management. The building also includes a convenient coin-operated laundry setup, adding an additional income stream, along with ample on-site parking and private indoor storage areas for tenants-features that continue to support strong rental demand. Major capital improvements have been addressed, including a torch-on roof completed in 2019, providing peace of mind for years to come. Situated in a prime east end location close to amenities, schools, and transit, this property consistently appeals to long-term renters. Offering a strong 6.9% cap rate, this is a turnkey, income-generating property ideal for both seasoned investors looking to expand their portfolio and those seeking a reliable entry into multi-residential investing. (id:25961)
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Details
- Parking Spaces: 12
- Transaction: For sale
Building
- Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
- BasementType: None
- Bedrooms Main Level: 8
- Bedrooms Lower Level: 2
- Cooling: None
- Exterior Finish: Brick
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Total): 6
- Heating: Radiant heat
- Heating Fuel: Natural gas
- Size Interior: 5000 - 100000 sqft
- Stories Total: 2.5
- Type: Other
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Depth: 125 ft
- Size Frontage: 90 ft
- Size Irregular: 90 x 125 FT
This property for sale is located at 222 BELMONT AVENUE in Pembroke. It was last modified on May 2nd 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Pembroke homes for sale.
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